Community Call May 13 2026 - Project Mycelium, Hero and Geomind

Community Call Follow-up — Project Mycelium Q&A

Hi everyone,

Thanks to all of you who joined the community call today. It was great to see so many familiar names show up.

For those who could not make it, the recording of the call will be posted in this thread shortly — keep an eye out for it.

The slides we walked through are available via the Telegram post here: https://t.me/threefoldfarmers/87046

A small note about the slides themselves: we did not hand-write them. We collected the questions the community has been asking in the farmers chat since the beginning of 2026, dropped them into Hero Slides, and let it generate the deck for us. It is a small but concrete example of what the Hero tooling can do: using AI to turn raw community input into documentation and shareable material, with very little manual effort. What you see in those slides is honestly just a fraction of what the stack is capable of, and we will keep showing more of it over the coming weeks.

Below are the questions we gathered from the community over the last months, with the answers we gave during the call. We are publishing them here as-is so that everyone, including those who could not join live, has the same information in writing and searchable on the forum.


1. TFT → SPORE conversion

  • Where do I convert TFT to SPORE if my TFT is on Stellar, BSC, Solana, TFChain, ThreeFold Connect, MetaMask, Ledger, or still vested?
    You need to bring your TFT onto TFChain in all cases.
  • What is the rate today, and what changes after July 1, 2026?
    Until July 1st, you can buy 10 SPORE with 1 TFT. After that date, the rate is set by market prices.
  • Can SPORE be sold on an exchange or converted back to FIAT?
    SPORE can be sold via the Dutch auction mechanism that will be in place on Project Mycelium.
  • How long will TFT remain supported? Will the TFT bridges be shut down?
    The TFT to SPORE deal will be closed after July 1st.

2. Migrating v3 nodes to Project Mycelium — end-to-end walkthrough

  • Which URL do I log in to?
    https://migrate.projectmycelium.com/
  • Which key/seed — 24-word from TF Connect, or hex TFChain key?
    If you made your farm in the TF Connect app, you need to use your hex key. If you used the Dashboard, you can use the 24-word.
  • How do I mark each node for Project Mycelium?
    Go to https://migrate.projectmycelium.com/prepare/pre-register and run the migration.
  • Do my v3 nodes stay running during this? Can farmerbot stay on?
    Yes, v3 nodes stay running and farmerbot can still be used.
  • Will my running v3 workloads be affected?
    No, they are not affected as of now. But users of v3 should be prepared to take actions in the future. We will communicate more on this in time.
  • How do I confirm a node is successfully registered?
    You will see a confirmation message after the migration is complete.
  • By when does this need to be done to qualify for retroactive SPORE?
    Farmers had to migrate their v3 nodes to Project Mycelium before April 15th, 2026.

3. SPORE price, supply, and floor

  • Is 0.01 USD the floor, or can it go lower after July 1?
    It cannot go lower, via the Dutch auction mechanism.
  • 1 TFT = 10 SPORE today — what mechanism changes the rate after July 1?
    After that date, you can buy SPORE with TFT based on the open market price of TFT and SPORE. The 1-for-10 deal runs until July 1.
  • For how long is this conversion ratio guaranteed?
    Until July 1st, 2026.
  • Where can we see total SPORE supply, AUR supply, and TFT converted/remaining?
    All info regarding your SPORE, AUR and TFT is on https://migrate.projectmycelium.com/

4. V3 rewards status

  • Are V3 PoC / capacity rewards still being paid?
    No, this phase is over.
  • Status of Nov 2025, Jan, Feb, March 2026 mintings?
    The last minting period was in February. Minting is now over. Nodes that migrated before the end date will receive SPORE bonuses starting from the month of January. Bonuses are not yet distributed. The migration site currently shows expected amounts of SPORE, but distribution has not happened yet.
  • When will they be paid, and in TFT or SPORE?
    In SPORE. The distribution date has not been announced yet.
  • Have all capacity rewards stopped?
    Since end of February, yes — for the v3 grid. Note that nodes still earn baseline rewards in Project Mycelium.

5. Project Mycelium rewards

  • Do SPORE rewards start immediately on registration, or only at marketplace launch (July 1)?
    Nodes that migrated from v3 before the end of the migration phase will get rewards starting from January 2026. There is a baseline reward for nodes on Project Mycelium, as well as utilization rewards when deployments are active on the nodes.
  • What are the exact requirements for the baseline reward?
    The minimum hardware requirements are 6 vcores, 16 GB RAM, 1 TB SSD.
  • Are farmerbot-managed nodes automatically eligible for retroactive rewards back to January?
    Yes, if they did the migration before the end date.
  • If I create new nodes next month, do they also get retroactive SPORE from January?
    No. We are past the migration date for retroactive SPORE rewards.

6. Farmerbot under Project Mycelium

  • Will farmerbot continue to work under Project Mycelium?
    It will work for now, but farmers should be prepared for nodes to wake up and stay utilized as utilization picks up.
  • After Project Mycelium registration, must nodes be online 24/7, or can farmerbot keep waking them on demand?
    Farmerbot can still be used, but we expect nodes to be always on as utilization happens.
  • Will the farmerbot be integrated into the Mycelium dashboard?
    Most likely not.
  • Is it worth leaving nodes online or waiting until Project Mycelium is live?
    Your nodes need to be online to get the baseline rewards.

7. New Project Mycelium hardware requirements

  • Where does the “16 cores, 32 GB RAM, 1 TB SSD” minimum come from? Why weren’t farmers/vendors informed earlier?
    There are no minimum requirements as such — that figure is the threshold for the guaranteed baseline rewards.
  • Are high-end NUCs and mini-PCs with 12–14 vCPU now obsolete?
    No.
  • Is 8 GB RAM per vCPU really the ratio?
    One slice is minimum 2 vcores, 4 GB RAM and 0.1 TB. The ratio is more dynamic, but customers will have to choose.
  • What is the max CPU overprovisioning on Project Mycelium?
    Up to 4x, but never less than your slices. If all CPUs are used, you will go back to the CPU level from the slices.
  • Are DDR3, HDD-only nodes, and Raspberry Pi nodes still in scope?
    Baseline rewards will not be provided to DDR3 or HDD-only nodes. Raspberry Pi is not supported for baseline rewards.
  • What defines the max number of slices on a machine?
    The number of slices on a machine is determined by its RAM, divided into units of minimum 4 GB.

8. Mycelium marketplace launch

  • What is the canonical entry point today — projectmycelium.com, myceliumcloud.tf, dashboard.grid.tf?
    The canonical entry point today is projectmycelium.com.
  • Can new Project Mycelium-only nodes be created today, or only existing v3 nodes converted?
    Project Mycelium-only nodes are not yet possible. We will communicate when farmers can create such nodes.
  • When does the marketplace actually go live?
    Most likely on July 1st, 2026.
  • When will Mycelium be linked from the TF homepage / Linktree / TF Connect app?
    Yes, it will be linked. threefold.io has already been updated with a proper link to Mycelium.
  • Is AUR live now or coming July 1?
    Not confirmed yet. There will be FIAT currencies supported, but the exact list is not finalized.

9. V3 future for service providers

  • Is there a Project Mycelium equivalent to Terraform with the same flexibility?
    Yes, we will offer complete tooling for creating and managing deployments on Project Mycelium.
  • WireGuard deployments don’t transfer cleanly — what’s the migration path?
    The network will focus on Mycelium networking going forward, but it is still possible to add other networking options to VMs manually.
  • Should service providers stay on V3 or move to Project Mycelium for new deployments?
    It is not currently possible for users to create deployments on Project Mycelium. Anyone needing to create deployments should not migrate their nodes yet.
  • Is anyone on the team still maintaining V3?
    Yes, there is active maintenance on the v3 grid.
  • Will there be a workload migration tool from V3 → Project Mycelium?
    The team is working on a migration tool.

10. Tokenomics, early adopters, trust

  • Are there long-term plans to create external demand for SPORE beyond farmer incentives?
    Yes — many partnerships are ongoing and will be communicated in the future.
  • What % of grid capacity is expected to be utilized in year 1 of Mycelium?
    We expect 100% and more, meaning the current size of the grid would not be enough to satisfy demand.
  • How are original contributors / early adopters being protected — concretely?
    Current TFT holders can buy 10 SPORE per 1 TFT, and the Dutch auction mechanism should ensure proper pricing.
  • Will the team publish a public roadmap with dates?
    We are waiting for the cooperative to be formed before publishing a complete roadmap.
  • Will TFT be kept supported until SPORE has actual liquidity?
    The marketplace will use SPORE, not TFT.

11. HERO / HERO OS

  • What hardware does Mycelium OS need?
    Minimum: 6 vcores, 16 GB RAM, 1 TB SSD. Hero OS runs on top of Mycelium OS.
  • Can HERO run on a Mycelium slice with 4 GB RAM?
    Yes.
  • Does HERO include its own AI model or call out to ChatGPT / Gemini?
    Yes, it does.
  • Is HERO scoped for individuals or also for large organizations?
    Both — Hero is intended for personal use as well as collaboration inside organizations.

12. Project identity

  • Is a rebranding of the entire project being considered, including renaming ThreeFold?
    Project Mycelium is not a rebranding of ThreeFold. It is a new project by the same team.
  • Is INCA still alive?
    What we called INCA is now SPORE.
  • What happened to the ThreeFold phone — some farmers pre-paid 50 USDT?
    We stepped back from building our own phone once our partner YourData.Network launched the OwnPhone, which reflects the vision we had for the project. Farmers who pre-paid received either a refund or a discount toward the OwnPhone.
  • Why does the documentation now require an email to read?
    That was the documentation for V3. The new documentation for Project Mycelium can be found here.

Thanks again to everyone who showed up and asked questions over the last months. We hope this Q&A finds itself useful. The recording will land in this thread shortly, and we will keep posting updates.

See you in the next call.

Thank you for this comprehensive overview Mik. Some questions:

Will my running v3 workloads be affected?
No, they are not affected as of now. But users of v3 should be prepared to take actions in the future. We will communicate more on this in time. - This is incorrect. Current workloads are affected in such way that you cannot remove (part) of your contracts and redeploy, since you can’t deploy after your node has been moved to MOS. If we move our 80+ deployments of paying SLA customer to MOS we cannot service them and fulfill our obligations.

Is 0.01 USD the floor, or can it go lower after July 1?
It cannot go lower, via the Dutch auction mechanism. - Is that true? I though it meant it could drop below 0.01 USB but not traded below 0.01 USD. Is my assumption incorrect? If 0.01 is guaranteed, then switching TFT to SPORE now should be a no brainer?

What are the exact requirements for the baseline reward?
The minimum hardware requirements are 6 vcores, 16 GB RAM, 1 TB SSD.

And

Where does the “16 cores, 32 GB RAM, 1 TB SSD” minimum come from? Why weren’t farmers/vendors informed earlier?
There are no minimum requirements as such — that figure is the threshold for the guaranteed baseline rewards.
…don’ t seem to add up…

Can new Project Mycelium-only nodes be created today, or only existing v3 nodes converted?
Project Mycelium-only nodes are not yet possible. We will communicate when farmers can create such nodes. - your vendors/partners depend on this, this uncertainty affects business drastically, we need an ETA as soon as possible

WireGuard deployments don’t transfer cleanly — what’s the migration path?
The network will focus on Mycelium networking going forward, but it is still possible to add other networking options to VMs manually. - Many applications like Nextcloud do not accept mycelium/ipv6 addresses, for instance using the built in backup feature Borg Backup completely relies on wireguard since it refuses mycelium addresses. So, building them in manually is not an option, it (or equal) should remain possible for future deployments, plus, migrating current 4-node terraform deployments should not break while migrating.
BTW; Wireguard seems highly unstable and frequently ‘lose’ it’s addresses (despite TF not believing it), so we’re welcoming an stable alternative.

Should service providers stay on V3 or move to Project Mycelium for new deployments?
It is not currently possible for users to create deployments on Project Mycelium. Anyone needing to create deployments should not migrate their nodes yet. - so does TF believe it’s fair that those who worked hard to beef up utilization are now the ones that cannot make use of the offer to migrate their nodes and be rewarded the bonuses from January 2026? Only the inactive farmers get this?

Is there a Project Mycelium equivalent to Terraform with the same flexibility?
Yes, we will offer complete tooling for creating and managing deployments on Project Mycelium. - Awesome! When ready?

What % of grid capacity is expected to be utilized in year 1 of Mycelium?
We expect 100% and more, meaning the current size of the grid would not be enough to satisfy demand. - Happy to invest in more capacity. Something with ‘funding agreements’ not coming through :smirk:

What happened to the ThreeFold phone — some farmers pre-paid 50 USDT?
We stepped back from building our own phone once our partner YourData.Network launched the OwnPhone , which reflects the vision we had for the project. Farmers who pre-paid received either a refund or a discount toward the OwnPhone.

:partying_face: